For traders looking to diversify their portfolio, choosing a forex broker that also offers commodities trading is essential. Commodities such as gold, oil, silver, and natural gas provide additional market opportunities, especially during economic uncertainty. This guide highlights the best forex brokers that support both forex and commodities trading, along with key factors to consider.

Why Trade Commodities Alongside Forex?

• Diversification – Commodities help balance forex risks by offering non-currency assets.
• Safe-Haven Assets – Gold and silver act as hedges against inflation and market volatility.
• Macroeconomic Impact – Commodities are influenced by supply, demand, and geopolitical factors, creating trading opportunities.
• Correlation with Forex Pairs – Currencies like AUD, CAD, and NZD are closely linked to commodity prices.

Key Factors When Choosing a Broker for Forex and Commodities Trading

1. Range of Tradable Commodities

• Precious Metals – Gold, silver, platinum, palladium.
• Energy Products – Crude oil (WTI, Brent), natural gas.
• Agricultural Commodities – Corn, wheat, coffee, sugar.
• Soft Commodities – Cotton, cocoa, orange juice.

2. Trading Conditions (Spreads, Leverage, Commissions)

• Tight spreads on forex and commodities pairs.
• Competitive leverage for retail and professional accounts.
• Low commissions on commodity trades.

3. Execution Speed and Market Access

• Direct market access (DMA) or ECN trading for forex and commodities.
• Fast order execution with minimal slippage.

4. Trading Platforms and Tools

• MetaTrader 4 (MT4) and MetaTrader 5 (MT5) with commodity trading support.
• cTrader or proprietary platforms for advanced order execution.
• TradingView integration for charting commodities alongside forex pairs.

5. Market Analysis and Research

• Commodities market news and analysis.
• Economic calendars with key commodity-related events.
• Sentiment analysis for forex and commodity correlation insights.

Best Forex Brokers for Commodities and Forex Trading

1. Intertrader

• Markets: Forex, gold, silver, oil, natural gas, agricultural commodities.
• Trading Conditions: ECN execution, tight spreads on metals and energy.
• Platforms: MT4, MT5, TradingView.

2. AvaTrade

• Markets: Forex, oil, gold, silver, agricultural commodities.
• Trading Conditions: Fixed and floating spreads, competitive leverage.
• Platforms: MT4, MT5, AvaTradeGO.

3. TiBiGlobe

• Markets: Forex, precious metals, energy, soft commodities.
• Trading Conditions: Raw spreads, low-cost ECN trading.
• Platforms: MT4, MT5, proprietary platform.

4. Vantage

• Markets: Forex, gold, silver, Brent, WTI, agricultural commodities.
• Trading Conditions: 0.0 pip spreads on forex, institutional-grade commodity pricing.
• Platforms: MT4, MT5, cTrader.

5. Markets.com

• Markets: Forex, oil, gas, gold, silver, platinum, copper, soft commodities.
• Trading Conditions: Tight spreads, no commissions on most accounts.
• Platforms: MT4, MT5, TradingView.

6. IC Markets

• Markets: Forex, metals, energy, agricultural commodities.
• Trading Conditions: Low spreads with high leverage options.
• Platforms: MT4, MT5, cTrader.

7. Pepperstone

• Markets: Forex, precious metals, crude oil, soft commodities.
• Trading Conditions: Low-cost ECN execution, deep liquidity pools.
• Platforms: MT4, MT5, cTrader.

8. IG

• Markets: Forex, oil, gas, metals, soft commodities.
• Trading Conditions: Direct market access for commodity CFDs.
• Platforms: MT4, ProRealTime, L2 Dealer.

9. CMC Markets

• Markets: Forex, gold, oil, gas, copper, soft commodities.
• Trading Conditions: AI-based market analysis, tight spreads on metals.
• Platforms: MT4, proprietary Next Generation platform.

10. Forex.com

• Markets: Forex, gold, silver, crude oil, agricultural commodities.
• Trading Conditions: Low-cost trading with advanced commodity analytics.
• Platforms: MT4, NinjaTrader, TradingView.

11. Admiral Markets

• Markets: Forex, energy, metals, agricultural commodities.
• Trading Conditions: Raw spreads with institutional-grade pricing.
• Platforms: MT4, MT5.

12. OANDA

• Markets: Forex, gold, silver, oil, gas, soft commodities.
• Trading Conditions: Custom commodity price analysis tools.
• Platforms: MT4, TradingView, OANDA WebTrader.

Final Thoughts

For forex and commodities trading, brokers should offer diverse commodity assets, competitive pricing, and robust trading platforms. Intertrader, AvaTrade, TiBiGlobe, Vantage, and Markets.com stand out for their wide commodity offerings, low-cost trading, and advanced analysis tools, alongside other brokers providing direct market access, AI-driven commodity research, and ECN execution.

Before selecting a broker, check their commodity spreads and leverage options to match your trading strategy.